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Data / Bank failures / 2009

US bank failures in 2009: 140 banks closed

140 banks failed in 2009, holding $169.71 billion in assets and $137.84 billion in deposits. The FDIC estimates the cost to its insurance fund at $25.80 billion. The FDIC also assisted 8 open banks without closing them. The largest: Colonial Bank ($25.46 billion), Guaranty Bank ($13.46 billion), BankUnited, FSB ($13.11 billion). Most by state: GA 25, IL 21, CA 18, FL 14, MN 6.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every failure, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Rockbridge Commercial BankAtlantaGADecember 18, 2009$294 million$291.7 million$98.8 million
New South Federal Savings BankIrondaleALDecember 18, 2009$1.46 billion$1.16 billion$311.6 millionBeal Bank
Peoples First Community BankPanama CityFLDecember 18, 2009$1.80 billion$1.68 billion$597.1 millionHancock Bank
First Federal Bank of California, A Federal Savings BankSanta MonicaCADecember 18, 2009$6.14 billion$4.54 billionOneWest Bank, FSB
Independent Bankers' BankSpringfieldILDecember 18, 2009$585.5 million$511.5 millionThe Independent Bankersbank
Imperial Capital BankLa JollaCADecember 18, 2009$4.05 billion$2.82 billion$266.2 millionCity National Bank
Citizens State BankNew BaltimoreMIDecember 18, 2009$168.6 million$157.1 million$68.2 million
Valley Capital Bank, N.A.MesaAZDecember 11, 2009$40.3 million$41.3 million$15 millionEnterprise Bank & Trust
Republic Federal Bank, N.A.MiamiFLDecember 11, 2009$433 million$352.7 million$78 million1ST United Bank
SolutionsbankOverland ParkKSDecember 11, 2009$511.1 million$421.3 million$93.4 millionArvest Bank
The Buckhead Community BankAtlantaGADecember 4, 2009$856.2 million$813.7 million$310.6 millionState Bank and Trust Company
Greater Atlantic BankRestonVADecember 4, 2009$203.3 million$179.2 million$26.6 millionSonabank
Amtrust BankClevelandOHDecember 4, 2009$11.44 billion$8.56 billion$1.69 billionNew York Community Bank
First Security National BankNorcrossGADecember 4, 2009$127.5 million$121.6 million$34.3 millionState Bank and Trust Company
The Tatnall BankReidsvilleGADecember 4, 2009$49.6 million$47.1 million$14.7 millionHeritagebank of the South
Benchmark BankAuroraILDecember 4, 2009$173.1 million$182.8 million$79.3 millionMB Financial, N.A.
Commerce Bank of Southwest FloridaFort MyersFLNovember 20, 2009$71 million$72.8 million$32.2 millionCentral Bank
Pacific Coast National BankSan ClementeCANovember 13, 2009$131.4 million$128.9 million$33.5 millionSunwest Bank
Century Bank, A Federal Savings BankSarasotaFLNovember 13, 2009$755.9 million$659.7 million$306.9 millionIberiabank
Orion BankNaplesFLNovember 13, 2009$2.61 billion$2.17 billion$713.1 millionIberiabank
Prosperan BankOakdaleMNNovember 6, 2009$197.4 million$182.8 million$31.7 millionAlerus Financial, N.A.
United Commercial BankSan FranciscoCANovember 6, 2009$10.90 billion$7.65 billion$572.2 millionEast West Bank
Home Federal Savings BankDetroitMINovember 6, 2009$13 million$12.7 million$8.6 millionLiberty Bank and Trust Company
United Security BankSpartaGANovember 6, 2009$153.6 million$149.6 million$60.9 millionAmeris Bank
Gateway Bank of ST LouisST LouisMONovember 6, 2009$26.9 million$27.5 million$11.6 millionCentral Bank of Kansas City
Community Bank of LemontLemontILOctober 30, 2009$81.8 million$80.7 million$25.9 millionU.S. Bank, NA
California National BankLos AngelesCAOctober 30, 2009$7.78 billion$6.15 billion$182 millionU.S. Bank, NA
Madisonville State BankMadisonvilleTXOctober 30, 2009$256.3 million$224.7 millionU.S. Bank, NA
Bank USA, NAPhoenixAZOctober 30, 2009$213.2 million$170.7 million$11.7 millionU.S. Bank, NA
Pacific National BankSan FranciscoCAOctober 30, 2009$2.32 billion$1.76 billion$58.6 millionU.S. Bank, NA
Citizens National BankTeagueTXOctober 30, 2009$118.2 million$97.6 million$5.8 millionU.S. Bank, NA
San Diego National BankSan DiegoCAOctober 30, 2009$3.59 billion$2.89 billion$36.4 millionU.S. Bank, NA
North Houston BankHoustonTXOctober 30, 2009$325.5 million$307.2 million$12 millionU.S. Bank, NA
Park National BankChicagoILOctober 30, 2009$4.68 billion$3.72 billion$2.8 millionU.S. Bank, NA
Hillcrest Bank FloridaNaplesFLOctober 23, 2009$82.8 million$83.3 million$43 millionStonegate Bank
Partners BankNaplesFLOctober 23, 2009$65.5 million$64.8 million$31.8 millionStonegate Bank
American United BankLawrencevilleGAOctober 23, 2009$110.1 million$102.4 million$44 millionAmeris Bank
Riverview Community BankOstegoMNOctober 23, 2009$99.1 million$75 million$23.5 millionCentral Bank
Flagship National BankBradentonFLOctober 23, 2009$177.6 million$170.1 million$62.1 millionFirst Federal Bank of Florida
First Dupage BankWestmontILOctober 23, 2009$262.1 million$254 million$85.3 millionFirst Midwest Bank
Bank of ElmwoodRacineWIOctober 23, 2009$327.4 million$272.8 million$99.5 millionTri City National Bank
San Joaquin BankBakersfieldCAOctober 16, 2009$766.4 million$626.4 million$79.1 millionCitizens Business Bank
Southern Colorado National BankPuebloCOOctober 2, 2009$37.1 million$29.6 million$8.3 millionLegacy Bank
Warren BankWarrenMIOctober 2, 2009$504.8 million$467.8 million$217.5 millionThe Huntington National Bank
Jennings State BankSpring GroveMNOctober 2, 2009$52.3 million$50.8 million$18.9 millionCentral Bank
Georgian BankAtlantaGASeptember 25, 2009$2.23 billion$1.96 billion$960.8 millionFirst Citizens Bank & Trust Company
Irwin Union Bank, FSBLouisvilleKYSeptember 18, 2009$518.2 million$462.6 million$114 millionFirst Financial Bank, N.A.
Irwin Union Bank and Trust CompanyColumbusINSeptember 18, 2009$2.84 billion$2.25 billion$756 millionFirst Financial Bank, N.A.
Brickwell Community BankWoodburyMNSeptember 11, 2009$72.6 million$65 million$24.6 millionCortrust Bank, N.A.
Venture BankLaceyWASeptember 11, 2009$968.4 million$917.7 million$201.1 millionFirst-Citizens Bank & Trust Company
Corus Bank, N.A.ChicagoILSeptember 11, 2009$7.00 billion$7.06 billionMB Financial, N.A.
Platinum Community BankRolling MeadowsILSeptember 4, 2009$148 million$110.2 million
First State BankFlagstaffAZSeptember 4, 2009$107.2 million$95.7 million$49.8 millionSunwest Bank
Vantus BankSioux CityIASeptember 4, 2009$503.6 million$394.4 million$101.6 millionGreat Southern Bank
First Bank of Kansas CityKansas CityMOSeptember 4, 2009$15.7 million$14.5 million$7.5 millionGreat American Bank
InbankOak ForestILSeptember 4, 2009$209.8 million$209.2 million$56.9 millionMB Financial N.A.
Bradford BankBaltimoreMDAugust 28, 2009$451.9 million$382.2 million$46.9 millionManufacturers and Traders Trust Company
Affinity BankVenturaCAAugust 28, 2009$1.21 billion$905.6 million$234.1 millionPacific Western Bank
Mainstreet BankForest LakeMNAugust 28, 2009$458.5 million$432.8 million$89.9 millionCentral Bank
First CowetaNewnanGAAugust 21, 2009$163.8 million$154.9 million$66.7 millionUnited Bank
EbankAtlantaGAAugust 21, 2009$144.7 million$131.5 million$49.9 millionStearns Bank, N.A.
Guaranty BankAustinTXAugust 21, 2009$13.46 billion$11.98 billionCompass Bank
Capitalsouth BankBirminghamALAugust 21, 2009$586.6 million$539.4 million$126.3 millionIberiabank
Community Bank of ArizonaPhoenixAZAugust 14, 2009$158.5 million$143.8 million$26.8 millionMidfirst Bank
Union Bank, National AssociationGilbertAZAugust 14, 2009$119.5 million$110.4 million$52 millionMidfirst Bank
Community Bank of NevadaLas VegasNVAugust 14, 2009$1.40 billion$1.37 billion$558 million
Dwelling House Savings and LoanPittsburghPAAugust 14, 2009$12.9 million$13 million$8.4 millionPNC Bank, National Association
Colonial BankMontgomeryALAugust 14, 2009$25.46 billion$20.07 billion$2.37 billionBB&T
First State BankSarasotaFLAugust 7, 2009$447.7 million$394.7 million$119.5 millionStearns Bank, National Association
Community National Bank of Sarasota CountyVeniceFLAugust 7, 2009$92.5 million$92.4 million$25.4 millionStearns Bank, National Association
Community First BankPrinevilleORAugust 7, 2009$199.5 million$180.7 million$73.6 millionHome Federal Bank
Integrity BankJupiterFLJuly 31, 2009$105.3 million$98.5 million$36.5 millionStonegate Bank
First BankamericanoElizabthNJJuly 31, 2009$163.4 million$155.5 million$20 millionCrown Bank
Peoples Community BankWest ChesterOHJuly 31, 2009$606.2 million$538.8 million$61.5 millionFirst Financial Bank, National Association
Mutual BankHarveyILJuly 31, 2009$1.60 billion$1.55 billion$793.8 millionUnited Central Bank
First State Bank of AltusAltusOKJuly 31, 2009$90.9 million$98.2 million$26 millionHerring Bank
Waterford Village BankWilliamsvilleNYJuly 24, 2009$55.7 million$56.1 million$7.9 millionEvans Bank National Association
Security Bank of North FultonAlpharettaGAJuly 24, 2009$190.6 million$179.5 million$49 millionState Bank and Trust Company
Security Bank of Gwinnett CountySuwanneeGAJuly 24, 2009$259.2 million$256.6 million$193.4 millionState Bank and Trust Company
Security Bank of North MetroWoodstockGAJuly 24, 2009$184.2 million$182.4 million$102 millionState Bank and Trust Company
Security Bank of Bibb CountyMaconGAJuly 24, 2009$943.7 million$831.4 million$414.3 millionState Bank and Trust Company
Security Bank of Houston CountyPerryGAJuly 24, 2009$371.6 million$313.2 million$51 millionState Bank and Trust Company
Security Bank of Jones CountyGrayGAJuly 24, 2009$432.7 million$375.2 million$98.2 millionState Bank and Trust Company
First Piedmont BankWinderGAJuly 17, 2009$114.1 million$108.5 million$38 millionFirst American Bank and Trust Company
Temecula Valley BankTemeculaCAJuly 17, 2009$1.40 billion$1.28 billion$227.4 millionFirst-Citizens Bank and Trust Company
BankfirstSioux FallsSDJuly 17, 2009$210.8 million$232.2 million$110.2 millionAlerus Financial, National Association
Vineyard Bank, National AssociationRancho CucamongaCAJuly 17, 2009$1.64 billion$1.53 billion$278.6 millionCalifornia Bank & Trust
Bank of WyomingThermopolisWYJuly 10, 2009$70.2 million$66.6 million$32.5 millionCentral Bank & Trust
Millennium State Bank of TexasDallasTXJuly 2, 2009$118.6 million$115.5 million$52.7 millionState Bank of Texas
Founders BankWorthILJuly 2, 2009$889.2 million$832.2 million$129.5 millionThe Privatebank and Trust Company
Rock River BankOregonILJuly 2, 2009$74.8 million$74.9 million$18.6 millionThe Harvard Bank
The John Warner BankClintonILJuly 2, 2009$69.6 million$65.2 million$14.3 millionState Bank of Lincoln
The First State Bank of WinchesterWinchesterILJuly 2, 2009$30.1 million$30.8 million$8 millionThe First National Bank of Beardstown
The Elizabeth State BankElizabethILJuly 2, 2009$55 million$48.1 million$9.8 millionGalena State Bank and Trust
The First National Bank of DanvilleDanvilleILJuly 2, 2009$148.2 million$140.2 million$24.2 millionFirst Financial Bank, National Association
Metropacific BankIrvineCAJune 26, 2009$75.3 million$70.1 million$32.2 millionSunwest Bank
Community Bank of West GeorgiaVilla RicaGAJune 26, 2009$201.2 million$189.4 million$71.7 million
Mirae BankLos AngelesCAJune 26, 2009$480.6 million$410 million$45.3 millionWilshire State Bank
Neighborhood Community BankNewnanGAJune 26, 2009$212.6 million$190.1 million$80.7 millionCharterbank
Horizon BankPine CityMNJune 26, 2009$84.8 million$69.3 million$24 millionStearns Bank, National Association
Southern Community BankFayettevilleGAJune 19, 2009$371.7 million$298 million$136.6 millionUnited Community Bank
Cooperative BankWilmingtonNCJune 19, 2009$966.8 million$768.5 million$287.3 millionFirst Bank
First National Bank of AnthonyAnthonyKSJune 19, 2009$157 million$142.6 million$33.2 millionBank of Kansas
Bank of LincolnwoodLincolnwoodILJune 5, 2009$212.7 million$209.3 million$70.9 millionRepublic Bank of Chicago
Strategic Capital BankChampaignILMay 22, 2009$546.6 million$479.4 million$92.7 millionMidland States Bank
Citizens National BankMacombILMay 22, 2009$438.6 million$393.6 million$30.3 millionMorton Community Bank
BankUnited, FSBCoral GablesFLMay 21, 2009$13.11 billion$8.78 billion$5.23 billionBankUnited
Westsound BankBremertonWAMay 8, 2009$334.6 million$304.5 million$81 millionKitsap Bank
Citizens Community BankRidgewoodNJMay 1, 2009$40.7 million$40.7 million$18.2 millionNorth Jersey Community Bank
America West BankLaytonUTMay 1, 2009$281.6 million$286 million$114.4 millionCache Valley Bank
Silverton Bank, National AssociationAtlantaGAMay 1, 2009$4.16 billion$3.31 billion$638.9 million
American Southern BankKennesawGAApril 24, 2009$106 million$105.9 million$32.8 millionBank of North Georgia
First Bank of Idaho, FSBKetchumIDApril 24, 2009$490.7 million$370.6 million$109.2 millionU.S. Bank, National Association
Michigan Heritage BankFarmington HillsMIApril 24, 2009$167.7 million$149.1 million$48.6 millionLevel One Bank
First Bank of Beverly HillsCalabasasCAApril 24, 2009$1.26 billion$866.5 million$8.4 million
Great Basin Bank of NevadaElkoNVApril 17, 2009$238.9 million$220.8 million$20 millionNevada State Bank
American Sterling BankSugar CreekMOApril 17, 2009$166.5 million$170.9 million$44.7 millionMetcalf Bank
New Frontier BankGreeleyCOApril 10, 2009$1.77 billion$1.50 billion$913.4 million
Cape Fear BankWilmingtonNCApril 10, 2009$492.4 million$402.8 million$118.6 millionFirst Federal Savings and Loan Association of Charleston
Omni National BankAtlantaGAMarch 27, 2009$979.6 million$813.2 million$288.4 million
Colorado National BankColorado SpringsCOMarch 20, 2009$123.5 million$85.2 million$12.7 millionHerring Bank
Firstcity BankStockbridgeGAMarch 20, 2009$285 million$259.1 million$135.2 million
Teambank, N.A.PaolaKSMarch 20, 2009$669.8 million$532.5 million$134.6 millionGreat Southern Bank
Freedom Bank of GeorgiaCommerceGAMarch 6, 2009$172.5 million$159 million$43.3 millionNortheast Georgia Bank
Security Savings BankHendersonNVFebruary 27, 2009$238.3 million$174.9 million$32.3 millionBank of Nevada
Heritage Community BankGlenwoodILFebruary 27, 2009$235.2 million$225.7 million$48.2 millionMB Financial Bank, N.A.
Silver Falls BankSilvertonORFebruary 20, 2009$134.2 million$116 million$39.1 millionCitizens Bank
Pinnacle BankBeavertonORFebruary 13, 2009$71.9 million$64.2 million$10.2 millionWashington Trust Bank
Riverside Bank of the Gulf CoastCape CoralFLFebruary 13, 2009$523.7 million$422.7 million$199.8 millionTib Bank
Corn Belt Bank and Trust CompanyPittsfieldILFebruary 13, 2009$260.2 million$233.8 million$80.9 millionThe Carlinville National Bank
Sherman County BankLoup CityNEFebruary 13, 2009$135.4 million$90.6 million$42.7 millionHeritage Bank
Firstbank Financial ServicesMcDonoughGAFebruary 6, 2009$317.2 million$279.3 million$151.3 millionRegions Bank
Alliance BankCulver CityCAFebruary 6, 2009$1.11 billion$951.1 million$118.1 millionCalifornia Bank and Trust
County BankMercedCAFebruary 6, 2009$1.71 billion$1.32 billion$61.8 millionWestamerica Bank
Magnet BankSalt Lake CityUTJanuary 30, 2009$300.7 million$282.6 million$170.1 million
Suburban Federal Savings BankCroftonMDJanuary 30, 2009$347.4 million$301.8 million$73.8 millionBank of Essex
Ocala National BankOcalaFLJanuary 30, 2009$219.4 million$204.7 million$93.6 millionCenterstate Bank of Florida, NA
1ST Centennial BankRedlandsCAJanuary 23, 2009$798 million$678.6 million$136 millionFirst California Bank
Bank of America Rhode Island N.A. (assistance)ProvidenceRIJanuary 16, 2009$35.41 billion$500,000
Bank of America Oregon N.A. (assistance)PortlandORJanuary 16, 2009$11.53 billion$500,000
Bank of Clark CountyVancouverWAJanuary 16, 2009$441.1 million$377.5 million$150.7 millionUmpqua Bank
Merrill Lynch Bank & Trust Co FSB (assistance)New YorkNYJanuary 16, 2009$37.99 billion$28.54 billion
FIA Card Services N.A. (assistance)WilmingtonDEJanuary 16, 2009$159.64 billion$9.82 billion
Countrywide Bank FSB (assistance)AlexandriaVAJanuary 16, 2009$117.98 billion$43.66 billion
Merrill Lynch Bank USA (assistance)Salt Lake CityUTJanuary 16, 2009$61.81 billion$53.62 billion
Bank of America California N.A. (assistance)San FranciscoCAJanuary 16, 2009$21.50 billion$500,000
National Bank of CommerceBerkeleyILJanuary 16, 2009$419.7 million$395.9 million$80.5 millionRepublic Bank of Chicago
Bank of America N.A. (assistance)CharlotteNCJanuary 16, 2009$1.47 trillion$954.68 billion

Other years

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.